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Dec 18, 2012
12/12
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boehner comes and complicates the fiscal cliff. >> it doesn't matter what boehner says anymore. we're going to get a deal whether he wants it or not. that's what the stock market believes. we have a deal, we don't have a deal, it doesn't matter. we have a deal. you get the point? there's a little bit -- we're in a seasonal period here for what is going on here. so even with no deal, we see a deal. it doesn't matter here. but remember something, the seasonality factor, let's get in pay mode. this is when we make good money. december, january, those who actively trade the stocks here, most profitable period, you add to the winners. all right. so there's a little froth here. there's a lot of talk about what you do after the fiscal cliff that really matters. look at the dow industrial. even as carl said, congressman boehner, the speaker of the house, complicating things, they don't care. it's that time of year where i'm starting to look at the full year. here's the fiscal cliff in the last few months. we're up 14% for the s&p. that's above an average for here, for sure. we have sect
boehner comes and complicates the fiscal cliff. >> it doesn't matter what boehner says anymore. we're going to get a deal whether he wants it or not. that's what the stock market believes. we have a deal, we don't have a deal, it doesn't matter. we have a deal. you get the point? there's a little bit -- we're in a seasonal period here for what is going on here. so even with no deal, we see a deal. it doesn't matter here. but remember something, the seasonality factor, let's get in pay...
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Dec 19, 2012
12/12
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but speaker boehner wants a deal. he talks about this like he did the nation's credit default rating. he did not want to go into default. they finally got a deal on that in august of 2011. so he does not want to go over the cliff. but at the same time, he's got to have enough votes so he saves political face when there is a deal. he needs to get a majority of the majority to back whatever he strikes with president obama. >> and without putting his own speakership at risk, right? he's not willing to sacrifice that? >> yeah, i think speaker boehner is in a pretty strong political spot. there's no one who could challenge him and defeat him. there could be somebody to run against him and get votes. but speaker boehner is in a pretty strong position. but he needs to maintain that position. >> all right. bob, we'll be paying close attention, as always. bob cusack joining us, managing editor of the hill. >> thanks so much. >> high heels, the holidays and a carton of high-grade milk. what's the common thread? >> i have no ide
but speaker boehner wants a deal. he talks about this like he did the nation's credit default rating. he did not want to go into default. they finally got a deal on that in august of 2011. so he does not want to go over the cliff. but at the same time, he's got to have enough votes so he saves political face when there is a deal. he needs to get a majority of the majority to back whatever he strikes with president obama. >> and without putting his own speakership at risk, right? he's not...
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Dec 27, 2012
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boehner w was -- speaker boehner was doing the dirty work they were unable to do. >> i know you aren't watching the markets closely. would it alter the calculus at all? does it mean we get a framework in 24 hours if we lost a lot? >> caller: yes. i think the tragedy of what we're failing to do in congress we should do it on our own because it's our responsibility. the only way it looks like we do some of these things is after we get pistol whipped by the market. with the debt ceiling last august that was essentially what is about to happen. i think the market is going to punish us for our failure to act and may be the only thing that gets us to act. >> finally, have you been to a starbucks lately? putting comments on coffee cups to get you guys put a deal together. >> caller: i'm in vermont and we are deficifferent coffee folks earl' earl's. >> a way to make a deal on the cliff, already ordering his grande cliff special to see for himsel himself. >> how are you doing, carl. we are 10 minutes from the white house and some of the more prominent washington d.c. think tanks are close by. a
boehner w was -- speaker boehner was doing the dirty work they were unable to do. >> i know you aren't watching the markets closely. would it alter the calculus at all? does it mean we get a framework in 24 hours if we lost a lot? >> caller: yes. i think the tragedy of what we're failing to do in congress we should do it on our own because it's our responsibility. the only way it looks like we do some of these things is after we get pistol whipped by the market. with the debt...
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Dec 17, 2012
12/12
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grover so far has been much more powerful than boehner. kind of like the shadow government of the republican party. what i'm saying is, groefrver's been saying this on air. saying, basically, listen, those who get out of line will be dealt with. period. that's very powerful. what is boehner's threat, to remove you from a committee, versus grover's threat to remove you from your seat? who has the power? >> i'll tell you who has the power, the president does. as of january 1st, everybody's taxes go up and we start having a conversation about tax cuts. >> and that's where i think -- that's where it's going. >> it's the 17th today. check your watch while you're on the air. with my eyes i can't even see the date anyway. >> he's always on me, this one. >> does the president want to go over the cliff? it seems like he wants to go over the cliff. i refer to grover, because boehner doesn't seem to have the power and grover does. >> the point, again, bob corker's pledge is not to me, it is to the voters of tennessee, that's the argument he's made ag
grover so far has been much more powerful than boehner. kind of like the shadow government of the republican party. what i'm saying is, groefrver's been saying this on air. saying, basically, listen, those who get out of line will be dealt with. period. that's very powerful. what is boehner's threat, to remove you from a committee, versus grover's threat to remove you from your seat? who has the power? >> i'll tell you who has the power, the president does. as of january 1st, everybody's...
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Nov 27, 2012
11/12
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does boehner really own his own people? if i am worried about the fiscal cliff, does boehner own his own people and are there democrats that favor higher taxes for the rich and are willing to do anything to get those including going over the fiscal cliff? you do have more polarization with business community. jamie dimon being the key man? >> certainly one of them. a lot of the business community is more down the middle given the two constituencies you just mentioned. >> we'll talk -- buffett had thoughts on that this morning that we'll get to in a few minutes. the case shiller home price report is out. which cities are making the fastest move to recovery? >>> also ahead, when it comes to the holiday shopping season, it appears men are the new women. we'll explain that argument. take one more look at futures here. we'll see if we get traction later on this morning when the opening bell rings in just about 16 minutes. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a dead
does boehner really own his own people? if i am worried about the fiscal cliff, does boehner own his own people and are there democrats that favor higher taxes for the rich and are willing to do anything to get those including going over the fiscal cliff? you do have more polarization with business community. jamie dimon being the key man? >> certainly one of them. a lot of the business community is more down the middle given the two constituencies you just mentioned. >> we'll talk...
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Nov 12, 2012
11/12
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this was the secret negotiation between barack obama and john boehner last year. we don't know all of the pieces that were in it. they offered 8$800 billion in revenue and then on the spending cut side they offered $450 billion in cuts to medicare and medication and changes to the way social security benefits are calculated. a lot of things on the table here. big things both tax increases and spending decreases. it's going to take some combination of those to get to a deal here and it's sort of where they go on this menu of options that's going to lead to whether or not they have votes to do it on capitol hill. >> there's a detail there. cut through it for me if you will. a lot of people around seem to suggest that they're going to get this thing tied up really quite quickly. my concern is that obama is beginning to grandstand. if you look at who he's meeting with, it looks like he might be preparing for a huge fight for his legacy, which actually might push us further back than a lot of people have bargained for. >> what you'll see with obama meeting with progres
this was the secret negotiation between barack obama and john boehner last year. we don't know all of the pieces that were in it. they offered 8$800 billion in revenue and then on the spending cut side they offered $450 billion in cuts to medicare and medication and changes to the way social security benefits are calculated. a lot of things on the table here. big things both tax increases and spending decreases. it's going to take some combination of those to get to a deal here and it's sort of...
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Dec 7, 2012
12/12
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speaker boehner is about to speak. here he is. >> when it comes to the fiscal cliff that's threatening our economy and our jobs, the white house has wasted another week. you know, eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase in the debt limit like forever. four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen. washington's got a spending probl
speaker boehner is about to speak. here he is. >> when it comes to the fiscal cliff that's threatening our economy and our jobs, the white house has wasted another week. you know, eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase in the debt limit like forever. four days ago we offered a serious proposal based on testimony of...
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Dec 12, 2012
12/12
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speaker boehner commenting earlier this hour about the fiscal cliff negotiations. let's listen. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and as planned, does not begin to solve our debt crisis. it actually increases spending. >> joined now by an incoming member of the senate, jeff flake, representing arizona's sixth district. good morning. glad to have you. >> thanks for having me on. >> awfully tough to get a read this morning. a lot of the public commentary has been critical, as you know. but we are seeing signs that at least the talks are progressing. we've got counteroffers going back and forth. are you more or less optimistic than you were, say, last week? >> i've gone back and forth week to week. thinking we'll get a deal. then we won't. today, i think it's probably just better than 50/50 that we get a deal. it likely won't be until after christmas. >> yeah, the calendar -- that seems to be the issue right now. you're running out of time to get it done this year. >> it looks like it
speaker boehner commenting earlier this hour about the fiscal cliff negotiations. let's listen. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and as planned, does not begin to solve our debt crisis. it actually increases spending. >> joined now by an incoming member of the senate, jeff flake, representing arizona's sixth district. good morning. glad to have you. >> thanks for having me on. >>...
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Dec 10, 2012
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i just want to say that, again, boehner offered $800 billion. that's about the amount that taxes on the upper 2% are. so now he's negotiating north of that. i mean, the best place for republicans to be, to me, is to pass the rate increases, be done with it. the number's probably much smaller than it's ultimately going to be negotiated. then we still are focused on the right thing which is entitlement changes. again, i hope the president's going to come to the table, candidly. here we are. every developed country in the world knows this is the greatest threat to our nation. economists on both sides of the aisle know this is the greatest threat in our nation. and hopefully they'll solve this. but right now, there's no question in my mind that the president has the slight upper hand in the negotiations, and my point was, there's a way of changing that leverage very, very quickly by the house sending over a bill that freezes rates on the 98% of the population that are going to be affected. >> senator, in terms of the top 2%, how much do you see the
i just want to say that, again, boehner offered $800 billion. that's about the amount that taxes on the upper 2% are. so now he's negotiating north of that. i mean, the best place for republicans to be, to me, is to pass the rate increases, be done with it. the number's probably much smaller than it's ultimately going to be negotiated. then we still are focused on the right thing which is entitlement changes. again, i hope the president's going to come to the table, candidly. here we are. every...
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Sep 11, 2012
09/12
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i see boehner's being quoted now as saying he's not confident at all congress is going to work their way towards some compromise. we're holding up in light of serious issues over the next 8 to 12 weeks. why? >> well, it -- i'm rather impressed. i think it may be the idea that there's almost no other place to put your money. i think they're coming down to that. you're finding that many of the fund managers are guilty of underperformance. and, you know, as you're coming to the end of the year, they're being reminded that the sign on the door doesn't say art the money collector, it says art the money manager. so get in there and manage it and do something with it. so i think you're seeing some of this is actually catch-up. but it's interesting that boehner would make that particular comment just on the day that moody's has threatened to downgrade the united states one more time. >> i wanted to ask you about the moody's threat of a downgrade. the last time this played out and there was a downgrade, the opposite happened to the markets of what people expected would happen. this time aroun
i see boehner's being quoted now as saying he's not confident at all congress is going to work their way towards some compromise. we're holding up in light of serious issues over the next 8 to 12 weeks. why? >> well, it -- i'm rather impressed. i think it may be the idea that there's almost no other place to put your money. i think they're coming down to that. you're finding that many of the fund managers are guilty of underperformance. and, you know, as you're coming to the end of the...
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Nov 26, 2012
11/12
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plus some news crossing, the president and speaker boehner did talk on the phone on saturday. john harwood live in washington with the latest. john? >> carl, you know, the president and the speaker had a conversation over the weekend. there haven't been too many meetings at the staff level or the principals level. but there has been something that changed about the atmosphere post election. and what you've seen is more and more republicans coming out and being willing to say out loud they're willing to raise taxes of some kind. whether or not it's tax rates or tax revenue in a way they weren't willing to do in 2011 when john boehner and the president were negotiating an attempted grand bargain then. we saw one on the sunday shows over the weekend, that was lindsey graham of south carolina and then bob corker of tennessee. let's take a listen to their comments. >> i agree we shouldn't raise rates, but i think grover is wrong when it comes to we can't cap deductions and buy down debt. what do you do with the money? -- i will violate the pledge, long story short, for the good of
plus some news crossing, the president and speaker boehner did talk on the phone on saturday. john harwood live in washington with the latest. john? >> carl, you know, the president and the speaker had a conversation over the weekend. there haven't been too many meetings at the staff level or the principals level. but there has been something that changed about the atmosphere post election. and what you've seen is more and more republicans coming out and being willing to say out loud...
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Dec 5, 2012
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. >> the republicans spoke just a minute ago, john boehner saying his fellow republicans do in fact, as we watch the president work the room ahead of his remarks, they do back his opposition to raising rates outright. this chatter that the coalition is fraying, how complicating is that? the question is whether it frays enough to caught a fundamental shift in strategy. i think at the end of the dahl the republicans will give on higher rates. the question is when? does 2 happen before december 31st? in which case republicans and conservatives would argue republicans are agreeing to a tax increase. does it happen after january 1st when rates will have already risen? and if they cut them to 37% top rate, then republicans could say, hey, we just cut taxes. that's really the question. the president has made an argument that it is not practical to get all the money he wants from merely closing loopholes and deductions. he's said different things in the past. he's acknowledged significant amounts of money can be raised through closing loopholes. can you get it done quickly? by the end of the
. >> the republicans spoke just a minute ago, john boehner saying his fellow republicans do in fact, as we watch the president work the room ahead of his remarks, they do back his opposition to raising rates outright. this chatter that the coalition is fraying, how complicating is that? the question is whether it frays enough to caught a fundamental shift in strategy. i think at the end of the dahl the republicans will give on higher rates. the question is when? does 2 happen before...
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Dec 4, 2012
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boehner called the white house's original offer la la land and it does appear that even though at one point bowles endorsed a blueprint like this, he's trying to distance himself from it right now. >> the president got re-elected. he's claiming he got re-elected in part because he wants to tax that 2%. he cannot go back on that. in the meantime, congress most of the republicans signed the grover norquist pledge which says you cannot tax that 2% more than anybody else. you can't increase the taxes. so we're at a stalemate and someone has to give and i don't see anyone giving right now. >> bank of america today commented on the let's jump crowd. the bungee jump crowd for which they think is a scenario. >> you wonder how much of that is in negotiating position. embraced early on by senator schumer, new york state's senior senator. we'll see. you know, there are those who believe if you want deficit reduction and are serious about it, we have one way to get there and it's called the fiscal cliff and will send us into recession but we may get deficit reduction but others believe we won't g
boehner called the white house's original offer la la land and it does appear that even though at one point bowles endorsed a blueprint like this, he's trying to distance himself from it right now. >> the president got re-elected. he's claiming he got re-elected in part because he wants to tax that 2%. he cannot go back on that. in the meantime, congress most of the republicans signed the grover norquist pledge which says you cannot tax that 2% more than anybody else. you can't increase...
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Dec 24, 2012
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standpoint, would the president want to give on anything and lose some of his base if he feels that boehner can't even deliver his own package. so they greet it a little more negatively than the full market. >> on the side of senator john bar oso said over the weekend, said the president senses victory at the bottom of that cliff. in other words, if they can't deliver on the cliff, most people blame republicans anyway. so politically there is some argument to be made for going over. >> well, yes, it would seem to favor the white house. so that might be tempting. on the one side, as i say, no sense giving in if you think the man you're negotiating with can't deliver anything. it could get to be very difficult. again, we're watching for little signs like, will the treasury ask companies to change the withholding. if not, then they're assuming that the trip over the cliff is going to be very, very brief. so we'll see how -- >> if they don't, though, that suggests it might be a longer run over this cliff. >> oh, if they do come in and say we'd like you to take another look at your withholding,
standpoint, would the president want to give on anything and lose some of his base if he feels that boehner can't even deliver his own package. so they greet it a little more negatively than the full market. >> on the side of senator john bar oso said over the weekend, said the president senses victory at the bottom of that cliff. in other words, if they can't deliver on the cliff, most people blame republicans anyway. so politically there is some argument to be made for going over....
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Jul 12, 2012
07/12
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. >> at the end of the bay, boehner and obama could not come to a grand bargain and kicked the can down the road when it comes to this key issue so we'll have a cutting that just takes effect as you well know. what gives the confidence that our political leaders can reach a real agreement? >> they always have in the past. and i think that one of the reasons it will be different this time is let's take a scenario that obama is re-elected. ep has more leverage. boehner goes back to his caucus and says this is a president that's going to basically extract more from us than the last time. i think that crates a dynamic for cooperation. i don't want to minimize this threat. the economy this year faces a lot of headwinds. the main point we're trying to make is if you look beneath the surface great stuff is going on. ten years from now you can be very bullish about the american economy because of the great reforms and changes going on with the private-sector not the problems here in washington. >> you make a key point. and one we made oftentimes. jim cramer makes it a lot. the natural gas explo
. >> at the end of the bay, boehner and obama could not come to a grand bargain and kicked the can down the road when it comes to this key issue so we'll have a cutting that just takes effect as you well know. what gives the confidence that our political leaders can reach a real agreement? >> they always have in the past. and i think that one of the reasons it will be different this time is let's take a scenario that obama is re-elected. ep has more leverage. boehner goes back to...
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Dec 3, 2012
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boehner said the deal is going nowhere. now, when i call the bulls on this, they say, bob, they didn't say a deal was off. they just said so far the negotiations are going nowhere. the market still believes that a deal is coming and it's going to be a substantive deal. instead and by the way, geithner insisted on tax rates issues. looks like there may be something happening eventually. we didn't fall apart on the whole thing. even futures weren't down overnight. instead we rally on a little bit overnight on the greek deal and for those that don't know and this is arcane depending on what kind of bonds you're talking about, the bonds that they are offering are priced well above what anybody was expecting. that's one of the reasons that greece is moving up and we're seeing moves up in europe overall. the greek ten-year yields dropped 9%. they're now about 14% yield. lowest since april of 2011. we saw 1% to 2% rises in europe right now. the main german market, the french stock market, they're at 52-week highs. germany is at a
boehner said the deal is going nowhere. now, when i call the bulls on this, they say, bob, they didn't say a deal was off. they just said so far the negotiations are going nowhere. the market still believes that a deal is coming and it's going to be a substantive deal. instead and by the way, geithner insisted on tax rates issues. looks like there may be something happening eventually. we didn't fall apart on the whole thing. even futures weren't down overnight. instead we rally on a little bit...
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Nov 13, 2012
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after the election, boehner came out, thought he'd move some, and then obama came out the next day, and in the early part of his speech, he looked good. and all of a sudden he starts digging in. if you look at what the stock market did, it immediately dropped. came back a little bit that day, but immediately dropped. that's what's in people's minds and it's scaring the heck out of them. we have to have some solution. >> when we look to europe, it's a very similar scenario. we have all these issues revolving around greece and maybe to a lesser extent, spain, and it seems about the same dynamics. that it isn't results oriented, it's idle the car and hope things get better while you're sitting in there, hunkered down. >> that's absolutely the case. they have been spinning their wheels. fortunately for us, we've gotten away from the european situation, somewhat. because it looks like our economy can gain some traction. but it's immediately going to grind to a halt if we don't see something. >> you know, there's one area, there's one area that doesn't have the luxury to postpone results. and
after the election, boehner came out, thought he'd move some, and then obama came out the next day, and in the early part of his speech, he looked good. and all of a sudden he starts digging in. if you look at what the stock market did, it immediately dropped. came back a little bit that day, but immediately dropped. that's what's in people's minds and it's scaring the heck out of them. we have to have some solution. >> when we look to europe, it's a very similar scenario. we have all...
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Nov 5, 2012
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john boehner was quoted as saying the temporary fix is pretty much the best we could hope for no matter who wins. if governor romney wins, who is first phone call he makes relative to the fiscal cliff? >> i think governor romney has a long record of working with democrats. if there's good news for governor romney tomorrow night, he'll begin working with democrats right away. everybody knows that in washington nothing happens unless you work with the other side. i think that's why we've had gridlock for the last couple years and so for sure governor romney will be on the horn talking to democrats right away and talk about big things we need to do next year. we can turn this country around but it will require a lot of legislation and tax reform and things that governor romney has talked about on the campaign trail. one of the things he'll do is get together with democrats to start to plan next year. >> people will look for the word compromise diligently when it comes to fiscal cliff. how much leeway from an economic standpoint does the governor have in dealing with a house that's to the r
john boehner was quoted as saying the temporary fix is pretty much the best we could hope for no matter who wins. if governor romney wins, who is first phone call he makes relative to the fiscal cliff? >> i think governor romney has a long record of working with democrats. if there's good news for governor romney tomorrow night, he'll begin working with democrats right away. everybody knows that in washington nothing happens unless you work with the other side. i think that's why we've...
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Nov 6, 2012
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i think that's obviously a negative outcome for the markets since john boehner already made it clear that he doesn't obviously see things that way. what i'll look for in terms of the market and economy is see these two sides hopefully coming together sooner rather than later to try to at a minimum kick the can down the road on fiscal cliff which itself is not a welcome outcome but if we start getting toward the middle to end of december, i can't believe that markets aren't going to take a look a year ago and say are we set up for a repeat of this? >> dan, it's always fun to play hypotheticals in the last remains hour. how much is spring loaded either way if in fact republicans take back the senate? >> i will say this. again, based on my conversations. under the assumption for this conversation that barack obama being re-elected is the expected outcome and democrats holding the senate is the expected outcome, in the near term i would say there's a pretty high probability of a shot to the upside if romney were to win and/or republicans take the senate since i don't believe anybody is f
i think that's obviously a negative outcome for the markets since john boehner already made it clear that he doesn't obviously see things that way. what i'll look for in terms of the market and economy is see these two sides hopefully coming together sooner rather than later to try to at a minimum kick the can down the road on fiscal cliff which itself is not a welcome outcome but if we start getting toward the middle to end of december, i can't believe that markets aren't going to take a look...
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Jun 28, 2012
06/12
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boehner says he's going to do repeal again. it didn't get through the senate. it's not going to get through the senate even if it gets through the house. at a certain point, you have to have a party that's willing to be practical. they lost on this, all right. there's an acknowledgement by the supporters of this health care bill that we have to work on it, make it be implemented right, do it well, but that takes some cooperation on the part of the republican party that's against this. they're not there yet. so the civil war of politics on this is going to continue. but it's under the reality that the supreme court has said this is constitutional. and at a certain point, you have to decide whether you're just going to get with implementation, doing something practical, or you're going to go through your wish list that somehow you can undo the supreme court decision, and that won't happen. >> congressman, how do you deal with the prospect that it may further polarize the electorate? we heard senator marco rubio suggesting now you're going to bring the irs into pe
boehner says he's going to do repeal again. it didn't get through the senate. it's not going to get through the senate even if it gets through the house. at a certain point, you have to have a party that's willing to be practical. they lost on this, all right. there's an acknowledgement by the supporters of this health care bill that we have to work on it, make it be implemented right, do it well, but that takes some cooperation on the part of the republican party that's against this. they're...
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Sep 27, 2012
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. >> not entirely, but john boehner came out the other day and said well the president winning re-election doesn't suddenly make me favor higher taxes. so the president gets to go around town saying i campaigned on higher taxes for the upper-income brackets. agree or disagree? the house is going to say i campaigned and took over the house on not raising taxes and you'll be at lagerhans. >> he might foresee he has a ticket, he's beholden certainly not to his own base. he could do the deal. >> listen, we're all spitballing and making this up as we go along. but you could see a scenario, we see a scenario where the president runs a '94-type scenario where he says shut it down. who's going to get the blame? in theory if the president wins by more than a couple points. >> gingrich. >> i think you could make that case that that's not to say that the other side can't win. because remember, the house is the people's congress. >> you notice this has become the oscars and playing the theme tune so we'll shut up. >> he's gotten investors who actually have three-year time horizons. i don't believe tha
. >> not entirely, but john boehner came out the other day and said well the president winning re-election doesn't suddenly make me favor higher taxes. so the president gets to go around town saying i campaigned on higher taxes for the upper-income brackets. agree or disagree? the house is going to say i campaigned and took over the house on not raising taxes and you'll be at lagerhans. >> he might foresee he has a ticket, he's beholden certainly not to his own base. he could do the...
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Oct 9, 2012
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that would indicate to you that nancy pelosi will probably not get the gavel back from john boehner as speaker of the house, but the only poll they do is on election day. of course, at the presidential level, we have seen some of those polls moving in mitt romney's favor. but when you look at the house races, you have to bear in mind the presidential election is being fought in the ten battleground states, not really in all 50 states. so all of these brown ballot races are out there on their own and they are responded to their own forces, carl. >> thank you very much. can't wait until the next debate thursday night on cnbc. it's my first presidential election here. it's all new, shiny and bright. >> enjoy it while it lasts. >> thank you. >>> ahead on the show, the new game of risk for banks. the rules have changed but for investors something totally different could be in the cards. >>> and still to come, i'm taking a chance to go home. while the bully on the playground in the world economy could be losing influence. , a crash management system and the world's only tridion safety cell w
that would indicate to you that nancy pelosi will probably not get the gavel back from john boehner as speaker of the house, but the only poll they do is on election day. of course, at the presidential level, we have seen some of those polls moving in mitt romney's favor. but when you look at the house races, you have to bear in mind the presidential election is being fought in the ten battleground states, not really in all 50 states. so all of these brown ballot races are out there on their...
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Aug 14, 2012
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michael steele, speaker bane e boehner's press secretary traveling as a veteran press aid. a lot of veteran staffs on the ground here. the way this works, they take the staff, get them ready to go in advance. the staff is prebuilt. no matter who the nominee was going to be, whether it was paul ryan or somebody else, that staff was ready to roll on friday. they rommed in rolled into acti saturday. some real veterans here on the trail with paul ryan. he'll speak here in a couple of hours. back to you. >> you got to think, eamon, for someone who's only done a single congressional district for seven terms rallies like this are going to be a steep learning curve. eamon javers. >>> retail clearly doing the business for a lot of people. certainly michael kors. tjx another of the companies reporting. etf, rth also at a record high. certainly 52-week high. courtney reagan is back at hq with all the details. >> good morning, simon. by and large retailer really performing better than expected. some of the conservative guidance does continue. look at michael kors posting another strong
michael steele, speaker bane e boehner's press secretary traveling as a veteran press aid. a lot of veteran staffs on the ground here. the way this works, they take the staff, get them ready to go in advance. the staff is prebuilt. no matter who the nominee was going to be, whether it was paul ryan or somebody else, that staff was ready to roll on friday. they rommed in rolled into acti saturday. some real veterans here on the trail with paul ryan. he'll speak here in a couple of hours. back to...